Word: forecasts
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Dates: during 1960-1969
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Rough Winter Ahead. Labor's left is due for its share of blows. Wilson darkly forecast "sacrifices of certain ideological considerations" as well as economic hardships in the forthcoming austerity program. That almost certainly means more cuts in military expenditures, but definitely hints at a trimming of many social welfare pets, including, perhaps, the restoration of a fee for prescription drugs, long a Labor shibboleth. In a mood of defiance, 30 Laborites fired off a warning "making it clear that we do not think it is necessary to cut social services." This attitude practically guarantees a rough winter ahead...
...muses over a few dry scraps of memories, while Bergen recites a maundering monologue: "I think I lost my youth ... a man of 40 stole it ... I'll fall in love with an American from Houston or Memphis . . . have children named John or Elizabeth . . ." After such a drizzly forecast, it is no wonder that when Montand is released by the Viet Cong, he heads straight for home and wife...
Though they lacked the precision of computerized analysis, the surveys of painting and sculpture staged by the Whitney Museum of American Art have long been considered the U.S. art world's Gallup poll. They attracted the whole spectrum of artistic talent, accurately forecast which schools and techniques were gaining popularity. But because the Whitney is a Manhattan museum with limited funds to comb the nation for prospects, critics have charged that the Annuals reflected the fast-changing Manhattan gallery scene but not the nation at large...
Signal Failures. The lightning rod for most criticism is, of course, the President. Johnson, complains one sub-cabinet member, has a singular ability to "catalyze disenchantment"-not to mention disbelief. Few Congressmen-and fewer newsmen-take the President of the U.S. completely at his word. When he forecast a deficit of only $8 billion for the current fiscal year, few believed that it would be so small. Now that he is predicting a deficit of up to $35 billion, hoping thereby to prod Congress into enacting his 10% tax surcharge, few believe that it will be so large...
...this was going on Harold Wilson and his ministers were bent on a course that they had tried desperately to avoid ever since he took over as Prime Minister three years ago. Two weeks before, Chancellor Callaghan had gone to Wilson and reported that the Treasury's quarterly forecast showed that the outlook for 1968's balance of payments looked even worse than had been expected, and in fact suggested that there would be no improvement at all over the current year. In July, Callaghan had said publicly: "Those who advocate devaluation are calling for a reduction...